If a laptop has a mark-up of 12,000 and the mark up rate is 60% on cost, find the selling price of the laptop a. 20,000 b. 30,000 c. 32,000 d 42,000

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter2: Linear Equations
Section2.1: Writing Equations
Problem 37PPS
icon
Related questions
Question

If a laptop has a mark-up of 12,000 and the mark up rate is 60% on cost, find the selling price of the laptop

a. 20,000

b. 30,000

c. 32,000

d 42,000

Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,